Which bank does MICR code 263002068 belong to?

MICR code 263002068 belongs to State Bank of India, Nainital branch, located at Nainital, Pin263001, Nainital, Uttarakhand. The corresponding IFSC code is SBIN0000687.

What is the IFSC code for MICR 263002068?

The IFSC code for State Bank of India Nainital branch (MICR: 263002068) is SBIN0000687. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (263) represent the city/clearing centre, the next 3 digits (002) identify the bank, and the last 3 digits (068) identify the specific branch. For 263002068, the city code is 263, bank code is 002, and branch code is 068.

State Bank of India Nainital (SBI)

Nainital · Nainital, Uttarakhand

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263002068

263002068 is the MICR code for the Nainital branch of State Bank of India, located in Nainital, Uttarakhand. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code SBIN0000687.

Bank

State Bank of India

Branch & Address

Nainital

Nainital, Pin263001

Nainital, Nainital, Uttarakhand

Codes for this Branch

MICR (cheques)

263002068

IFSC (online transfers)

SBIN0000687

View

SWIFT / BIC

SBININBB506

MICR Code Structure

263

City

002

Bank

068

Branch

City code 263 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 068 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other State Bank of India (SBI) branches near Nainital

Baba Neem Karoli Ashram Kainchidham Nainital, Uttarakhand SBIN0064502 Bailparao Nainital, Uttarakhand SBIN0015458 Banbassa Market Nainital, Uttarakhand SBIN0018935 Bhimtal Nainital, Uttarakhand SBIN0007348 Bhowali Nainital, Uttarakhand SBIN0001352 Cac Nainital Nainital, Uttarakhand SBIN0062140

Other banks in Nainital, Uttarakhand

Almora Urban Co-operative Bank 18 branches Axis Bank 5 branches Bandhan Bank 2 branches Bank of Baroda 32 branches Bank of India 3 branches Bank of Maharashtra 2 branches Canara Bank 18 branches Central Bank of India 4 branches

About MICR Codes

What is a MICR code used for?

MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.

MICR vs IFSC — when do I use which?

Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (SBIN0000687) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.

Where is the MICR code on a cheque?

The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 263002068 is in the middle, and your account number is on the right.

View full branch details for IFSC SBIN0000687